Fintech Automation

What Fintech Automation does

FinTech Automation, LLC is a Dallas-based Banking-as-a-Service (BaaS) provider founded in 2015 by David Park. The company targets community banks and financial institutions that operate 7 to 15 vertically siloed lines of business, each with its own processes, applications, and databases, and sells a unified data ecosystem that connects those silos into a single API-driven platform. Its flagship product, ModernRails, is delivered through the proprietary AccelerationCloud APIs and a Workspace administrative portal, with a pre-integrated marketplace that brings in AWS (cloud), Austin Capital Trust (banking technology), Finicity (open banking), and Charles Schwab (financial services), as well as Intrafi Network for FDIC pass-through insurance.

The platform spans banking core construction, digital and open banking, card issuance, deposit account services, payment processing (ACH, wire, FedNow, check, RDC, SWIFT), KYC/AML compliance, sanctions screening, fraud mitigation, data analytics, and AI-powered personal finance assistants. It is supported by compliance certifications including PCI DSS, GDPR, CCPA, and the UK Data Protection Act, and by transaction decisioning with sub-second instant authorization. FinTech Automation also delivers managed services and consultation engagements for cloud migration, architecture evaluation, and digital transformation.

The business model combines a Monthly Base Fee (subscription) with transaction-based fees (ACH, wire, check, card, FedNow, RDC), per-user fees, API call fees, pass-through fees from card networks and regulators, and professional services revenue from consulting and implementation. Go-to-market is enterprise field sales via direct engagement with financial institutions and a partner co-sell channel, supported by content marketing, thought leadership content, and industry award recognition. Pricing is custom and defined in individual Order Forms and Specification Sheets; no public pricing is disclosed. The company operates solely in the United States, holds at least one wholly-owned subsidiary (FTA Systems, LLC), and has an identified affiliate (Acceleration Cloud, LLC).

Name

Fintech Automation

Legal name

FinTech Automation, LLC

Website

https://fintechautomation.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

FinTech Automation provides a Banking-as-a-Service platform with AccelerationCloud APIs and a pre-integrated marketplace, enabling community banks and fintechs to unify data, payments, compliance, and digital banking across multiple lines of business.

Ownership category

akta.pro rank

Product category

Banking-as-a-Service Platform

NAICS

Activities Related to Credit Intermediation (5223), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)

akta.pro secondary industries

Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), Account Aggregation & Connectivity (Multi-bank linking) (FSAGACAA), Payment Initiation & Account-to-Account (A2A) Payments (PIS, RTP initiation) (FSAGACAI)

Keywords

• Banking-as-a-service platform
• Core banking infrastructure
• Open banking APIs
• Payment processing solutions
• Fintech compliance services

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Monthly Base Fee (Subscription): Customers pay a Monthly Base Fee defined in an Order Form, payable on a monthly basis on the 5th of each month. This covers access to Purchased Services including AccelerationCloud APIs and the Workspace.
2. Transaction Fees: Fees charged at the moment of transaction for services like ACH, wire transfers, check processing, card processing, FedNow, and RDC. Customers may pass these fees to end users or absorb them.
3. User Fees: Monthly fees calculated by multiplying the per-user fee by the number of users associated with applicable Purchased Services who have transaction activity or account balances in a given calendar month.
4. Pass-Through Fees: Third-party fees charged by card networks, financial institutions, and regulatory bodies that are directly associated with customer use of Purchased Services.
5. API Call and Inquiry Fees: Fees for API calls and inquiry requests beyond the base service scope.
6. Professional Services (Consulting & Implementation): Bespoke consulting engagements including architectural evaluation, cloud migration, development and launch, technology stack advisory, and API integration consultancy.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

FinTech Automation provides a Banking-as-a-Service (BaaS) platform, anchored by the ModernRails core and the AccelerationCloud APIs, that enables community banks and financial institutions to unify 7 to 15 disconnected lines of business through deposit accounts, card issuance, ACH/wire/FedNow/check/RDC payments, KYC/AML compliance, open banking, and AI-powered analytics. Revenue is generated via monthly subscriptions, per-transaction fees, user fees, API call fees, and bespoke consultation and managed services engagements contracted through Order Forms.

Product overview

FinTech Automation operates as a Banking as a Service (BaaS) platform provider offering a unified ecosystem of fintech solutions. The core platform is ModernRails, which provides API-based access to banking products and services. Supporting this are the AccelerationCloud APIs for integration and the Workspace portal for administration. The product portfolio includes Banking Core Solutions, Digital Banking, Open Banking, Payment Processing, Card Services, Deposit Account Services, WealthTech, Personal Finance Assistants, Compliance Services, and Transaction Services. Service layers include Consultation, Managed Services, Digital Experience, Automation Solutions, and Data Analytics. The platform integrates with AWS, Austin Capital Trust, Charles Schwab, and Finicity through its pre-integrated marketplace.

Differentiator

Problem solved

Functional benefit

Brands

• ModernRails: A Banking-as-a-Service platform providing card issuance, deposit account services, transaction processing, and compliance services through AccelerationCloud APIs.
• AccelerationCloud

Products and services

• ModernRails (Banking-as-a-Service Platform) Core Banking-as-a-Service (BaaS) platform providing API-based access to banking products including deposit accounts, card services, ACH, wire transfers, FedNow payments, KYC/AML compliance, and fraud mitigation for community banks and financial institutions.
• AccelerationCloud APIs Proprietary API management platform licensed to customers for programmatic integration with ModernRails banking services, including deposit accounts, card issuance, ACH, wire, check, FedNow, KYC/AML, and fraud mitigation, with sandbox and production API keys.
• Workspace Web-based administrative portal for managing customer accounts, creating users and transactions, viewing accounts and transaction history, and accessing compliance tools.
• Card Services Physical and virtual card issuance, transaction processing, ATM access, and card management including Transaction Decisioning and Instant Auth services for financial institutions.
• Deposit Account Services Demand deposit accounts, interest checking accounts, and savings deposit accounts with FDIC insurance, ledger services, and APY management.
• Transaction Services ACH processing, wire transfers, check services, card processing, remote deposit capture, and FedNow payment services.
• Compliance Services KYC/AML compliance, sanctions screening, fraud mitigation, account authentication, and account aggregation services for regulatory compliance.
• FedNow Payments Real-time payment services via the FedNow System enabling instant credit entries for financial institutions.
• Data Analytics Big data consulting and engineering services including data normalization, management, integration, analytics dashboards, and machine learning.
• Architecture Consultation Architecture evaluation, cloud infrastructure migration planning, development and launch support, and technology stack consulting for financial institutions.
• Managed Services Customized outsourcing solutions for client and project needs, minimizing direct hiring expenses for financial institutions.
• Digital Experience Digital transformation strategies and implementation plans for financial institutions entering the digital era.
• Automation Solutions Business efficiency solutions through automation technologies to reduce costs and streamline operations for financial institutions.
• Chatbot Service Interactive online chatbot providing AI-powered access to and support for the platform's Purchased Services.

Quantifiable outcome

• Reduces client launch timeframe from years to a few months
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability6 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core.

• Amazon Web ServicescoreTechnology or IntegrationAWS serves as the on-demand cloud computing platform underpinning FinTech Automation's infrastructure. The pre-integrated API marketplace prominently features AWS, suggesting deep technical integration for cloud hosting and scalable computing services.
• Austin Capital TrustcoreTechnology or IntegrationAustin Capital Trust provides a scalable banking technology platform designed specifically to meet the needs of financial institutions. Featured in FinTech Automation's pre-integrated marketplace, it serves as a banking infrastructure partner enabling core banking capabilities for clients.
• FinicitycoreTechnology or IntegrationFinicity is an open banking platform and data aggregation solution used by some of the largest and most innovative organizations. Integrated into FinTech Automation's pre-integrated marketplace to enable account authentication, aggregation, and open banking API capabilities.
• Stearns BankcoreStrategic or Co-development PartnerStearns Bank partnered with FinTech Automation to revolutionize its banking services. This is a named customer partnership where FinTech Automation provides the technology infrastructure enabling Stearns Bank to offer modern digital banking products and services.
• Intrafi NetworkcoreTechnology or IntegrationIntrafi Network is partnered with FinTech Automation's financial institution partners to provide FDIC deposit insurance pass-through for deposit accounts offered through the platform.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Synctera: BaaS platform purpose-built to connect community banks and credit unions with fintech programs. Highly comparable given Fintech Automation's similar community-bank focus and end-to-end deposit, card, and compliance offering.
• Unit: BaaS platform offering embedded banking infrastructure (accounts, cards, payments, lending APIs) to fintechs and banks. Closely comparable to Fintech Automation's ModernRails in product scope, API-first delivery, and community-bank/neobank target segments.
• Treasury Prime: Banking-as-a-Service platform connecting fintechs and banks via APIs for deposit accounts, payments, and compliance. Direct competitor to Fintech Automation in serving community and regional banks seeking modern core infrastructure.
• Bankjoy: Digital banking platform built specifically for community banks and credit unions offering online/mobile banking, account opening, and bill pay. Adjacent competitor for community bank digital transformation budgets.

Broad incumbents

• Plaid: Open banking connectivity and data aggregation platform serving thousands of fintechs and banks. Fintech Automation integrates Plaid-adjacent Finicity within its marketplace; both compete for share of financial connectivity infrastructure.
• Marqeta: Public card-issuing and payment processing platform with modern API infrastructure. Comparable to Fintech Automation's Card Services and Transaction Decisioning modules, though Marqeta focuses specifically on card issuance at large enterprise scale.
• Finastra: Large fintech vendor offering core banking, payments, lending, and digital channels software to banks globally. Competes with Fintech Automation in core banking modernization but serves tier 1-2 banks as a broader incumbent.
• Galileo Financial Technologies: Established (SoFi-owned) payment processing and BaaS platform serving large banks, fintechs, and corporates with cards, accounts, and payments APIs. Competes with Fintech Automation in card services and transaction processing but at materially larger scale.
• Stripe Treasury: Embedded banking-as-a-service offering from Stripe enabling platforms to embed financial accounts and money movement. Overlaps with Fintech Automation's ModernRails on embedded deposit accounts and payment APIs for digital platforms.

Others

• Finicity (Mastercard): Open banking and financial data aggregation platform owned by Mastercard. Listed as a pre-integrated partner in Fintech Automation's marketplace, illustrating ecosystem overlap and the dependency underlying the relationship.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/FinTechAutomatn
• Facebookfacebook.com/FinTech-Automation-LLC-101343808240575

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fintech Automation